Motorbike to deliver our bakery goods

David M Maina

Nakuru, Kenya

100% repaid

Entrepreneur

Name

David M Maina

Location

Nakuru, Kenya

On-time repayments

336 weekly installments  •  88%

About Me

I grew in small village called mahiga . I schooled there up to class eight and due to luck of fund I did not get further education . I left home so that I could look for a living to leave space for the other siblings and to look for money to assist my parents to educate the others. I got daily wages from big farm owners and for about three years i saved and managed to buy a bicycle. I started selling local vegetables from house to house with the bicycle. Due to dry seasons the vegetables were not available so i started cooking half cakes (kangumus). With kangumu i managed to save selling second hand clothes and shoes and save yet more to open a retail shop then due to competition i left shopkeeping to bakery up to date.with bakery through zidisha lender i have a house for my family .anyway am married and have seven children now five of them are at school .i like reading the bible with them when e are free. i like it so much. a part from my children i have three of my sister who was left by her husband. and we are doing good.

My Business

I bake cakes, teascorns breads and buns.I also deepfly dognuts.I prepare drinks like tea and coffe and other drink eg joise and sodas and sell it in my kiosk.The nearest area where you can find a producd of the same is ten km ,thus making my product of demand within my locality.I trust and believe people must eat to live. So decided to bring a unique product.I usually make 1500 to1700 kes dairy and save a third of my dairy profit.I use my profit in food suplement ,pay school for children and buy small sheep and goat and rear them to sell when they are big enough.I use to sell at good price.I am also used to give2000 to 3000kes to my old parents to cater for household.

Loan Proposal

I want to by a new motorbike ,which will cost me 1100 dollars, equivalent to 110000 ksh.this is anew model with turbo , a boxer from bajaj company, since I haven't sold the old one, I want to service it ,with the remain of the loan, and employ a person to take my cakes to another route, this Will increase the earnings and give salary to someone.

Feedback

2

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  • Spock    Sep 20, 2012

    Paid back in full and ahead of schedule. Thank you and good luck!

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  • Julia Kurnia    Jun 12, 2011

    Mr Maina was one of the first recipients of a Zidisha loan in Mugaa village. Repayments were on time and reliable and communication was good, with excellent final comment detailing impact of Zidisha loan whose profits allowed him to purchase a new motorbike for his taxi business and formalize ownership of two plots of land. Great impact in the wider community, improving local food security through small-scale corn retail business as well.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,338.94

Date disbursed

Feb 26, 2019

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: 5% of $1,338.94 = $60.19

Credit risk payment: $240.76

Lenders

W

Witlof

Tsukuba, Japan

ErikN

Stockholm, Sweden

L

ldron7

Utah, United States

johnandmoliehi

Canton, New York, United States

Svenip

Vienna, Austria

andreasol

Bielefeld, Germany

chrsve46

Stockholm, Sweden

Cloudways

Malta, Malta

S

SvenWaage

Stavanger, Norway

ads68

Melbourne, Australia

Y

Yevrahs

Dallas, Texas, United States

F

flaguy999

Tampa, United States

calvero

Bergen, Norway

Treesforpeople

Oxfordshire, United Kingdom

K

kingcamo1095

Mountain Home, United States

mojobob

Hayward, United States

JOKer

Weisendorf, Germany

JonB

London, United Kingdom

Freewolf

Salt Lake City, United States

D

DanielW

United States

Z

zvrk2014

Brookline, MA, United States

T

theironbank

United States

P

plhughes

United States

B

bugdaniel

Switzerland

B

bscent

Hong Kong

K

kennychit

United States

Otto Barten

Amsterdam, Netherlands

M

MikeOWave

United States

SuperMario28

Cudahy, United States

Mike and Jacqui

United Kingdom

S

Sven

Netherlands

W

Wade

United States

Lou Kaucic

Sanbornton, NH, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

V

Vivek

Arlington, VA, United States

KL

Ket Lin

United States

ME

Manaal Eisa

Washington DC, United States

WE

Wendy Emlyn

Devon, United Kingdom

Carla

Amsterdam, Netherlands

Framework Eyewear

Utrecht, Netherlands

M

Mart

United Kingdom

Mattie Shaw

Seattle, United States

Aran Dunlop

United States

MS

Mark S Yourek

United States

wissam

Jeddah, Saudi Arabia

Thomas

Sweden, Sweden

metab

Estados Unidos, Hong Kong

PR

Priscilla Rathbone

Seattle, Washington, United States

R

Richard

Netherlands

I

isaac

United Kingdom

JC

juli camrud

United States

RC

Rudi Chen

United States

Stephan W

Witten, Germany

KK

karl kerksiek

United States

BR

Bob Reus

Netherlands

SA

Steve A

Newbury, United Kingdom

C P

Mazatlan, Mexico

K

Kenny

United States

Angela Linwood

Minneapolis, Minnesota, United States

A

AJ

United States

B

Brett

Australia

RG

Ravi Gadad

United States

RC

Roy Chicky Arad

tel aviv, Israel, Israel

JA

Jan Andresen

Hamburg, Germany

SA

Shar Alamdari

Los Angeles, United States

Ed

Howells, United States

Ren

Minneapolis/StPaul, United States

Benjamin Kniaz

Boston, United States

WS

Warren Shen

United States

JA

Joshua Axtell

United States

IC

Ian Coutts

Chicago, USA, United States

VC

Victor Chong

United States

Grégoire

Zurich, Switzerland

HD

Hardik Desai

United Kingdom

Shane Bugeja

Mankato, Minnesota, United States

R

Ryan

Albuquerque, NM, United States

M

Mark

Toulouse, France, France

L

Lastoni

United States

HCPSPIRIT

Helsinki, Finland

K

Kamol

Thailand

Diane U

Olympia, Wa, Usa, United States

GS

Gary Sinard

Franklin, TN, United States

M

Margaret

United States

JF

J Fister

United States

S

SD

Japan

M

Mary

United States

SW

Sean Walsh

United States

HL

Harris Lin

New Zealand

Genuine Interest

Singapore, Singapore

Ryan Agnew

Australia

Joost

Noord Brabant, Netherlands

DO

Denis Ontiveros

Guildford, United Kingdom

B

Ben

United States

Andrew

United States

B

Bram

Germany

BW

Belinda Wang

United States

A

Anja

Germany

Tom Purser

Cambridge, United Kingdom

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